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2945 Monte Cresta Dr, Belmont, CA 94002

3 beds • 3 baths • 1970 sqft

$2,473,100

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This property looks like a bad Airbnb investment with a projected -25.33% first-year return on $537k initial cash invested.

-25.33%

Cash On Cash

0.64%

Cap Rate

0.11

DSCR

$6,809

Rent

-$11,343

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,809 income − $18,152 expenses = $11,343 out of pocket

Income$6,809Out of Pocket$11,343Mortgage P&I$12,398182%Property Taxes$1,61224%Insurance$87513%Management$1,02115%CapEx$2724%Maintenance$2724%Other$1,70225%

Investment Breakdown

|

Purchase Price

$2473k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$537k

Downpayment

20%

$495k

Closing costs

1%

$24,731

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,809

Total Expenses

$18,152

Mortgage P&I

182%

$12,398

Property Taxes

24%

$1,612

Home Insurance

13%

$875

HOA

0%

$0

Property Management

15%

$1,021

CapEx

4%

$272

Vacancy

0%

$0

Maintenance

4%

$272

Other

25%

$1,702

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